Oriental Bank of Commerce

NSE: ORIENTBANK | BSE: 500315 | ISIN: INE141A01014 | Industry: Banks
| Falling Comet

Phillip Capital
OBC reported a loss of Rs 1.78bn (due to reversal of gain on sale of NPA to ARC against SecurityreceiptinFY14afterRBIobjection)againstprofitexpectationofRs1.8bn,excluding the oneoff, PBT was at Rs 1.1bn (76% yoy) below our expectation of Rs1.8 bn owing to...
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